Chipotle grows traffic 12.3% in 2Q

Chipotle Mexican Grill boasted a near record same-store sales increase for its second quarter based largely on traffic growth, indicating that price increases that began in April have done little to discourage the burrito habits of guests.
In a call with analysts following the release of second quarter earnings on Monday, Chipotle officials said the 17.3-percent increase in same-store sales was the highest since the company’s very first quarter as a public company in 2006, when ...

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